Coty shares fall after warning as US market slows
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Coty Inc. (COTY) PT Lowered to $11 at Jefferies
October 16, 2024 9:57 AM EDTJefferies analyst Ashley Helgans lowered the price target on Coty Inc. (NYSE: COTY) to $11.00 (from $12.00) while maintaining a Buy rating.
The analyst comments "We attended a sell-side meeting with COTY's CEO and CFO in NYC today. The discussion focused on: 1) Topline guidance lower,... More
Coty Inc. (COTY) PT Lowered to $12 at Deutsche Bank
October 16, 2024 6:19 AM EDTDeutsche Bank analyst Faiza Alwy lowered the price target on Coty Inc. (NYSE: COTY) to $12.00 (from $14.00) while maintaining a Buy rating.
The analyst comments "Late yesterday, COTYpre-announced weaker FY1Q25 results (specifying FY1Q LFL sales growth of only ~+4%-5% vs. original expectations of +6%), given pockets of slowing demand and retailer destocking. In addition, as FY1Q dynamics extend, COTY now... More
Coty Inc. (COTY) PT Lowered to $14.50 at DA Davidson
October 16, 2024 5:49 AM EDTDA Davidson analyst Linda Bolton Weiser lowered the price target on Coty Inc. (NYSE: COTY) to $14.50 (from $17.00) while maintaining a Buy rating.
The analyst comments "BUY-rated COTY pre-announced F1Q25E organic sales +4%-5% Y/Y, slightly below guidance of +6%.... More
